Global In-Wheel Motor Market Report 2024

In-Wheel Motor Global Market Report 2024 – By Propulsion (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle, Other Propulsions), By Cooling Type (Air Cooling, Liquid Cooling), By Power Output Type (Up To 60 KW, 60–90 KW, Above 90 KW), By Vehicle Type (Passenger Cars, Commercial Vehicles), By Application (Auto Industry, Industrial Equipment, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

In-Wheel Motor Global Market Report 2024

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In-Wheel Motor Market Definition

An in-wheel motor, also known as a wheel hub motor, is an electric motor integrated directly into a vehicle's wheel hub. This motor eliminates the need for traditional transmission components such as drive shafts, axles, and differentials, leading to several potential benefits in vehicle design and performance.

The main propulsion types of in-wheel motor are battery electric vehicle (BEV), fuel cell electric vehicles (FCEV), hybrid electric vehicles (HEV), plug-in hybrid electric vehicles, and others. A battery electric vehicle (BEV) is a type of electric vehicle that uses a battery as its primary source of power, with no internal combustion engine. The various cooling types include air cooling, and liquid cooling with various power output types such as up to 60 kw, 60–90 kw, and above 90 kw. These are used by various vehicle types such as passenger cars, and commercial vehicles that are used in various applications such as the auto industry, industrial equipment, and others.

In-Wheel Motor Market Segmentation

The in-wheel motor market covered in this report is segmented –

1) By Propulsion: Battery Electric Vehicle(BEV), Fuel Cell Electric Vehicle(FCEV), Hybrid Electric Vehicle(HEV), Plug-In Hybrid Electric Vehicle, Other Propulsions

2) By Cooling Type: Air Cooling, Liquid Cooling

3) By Power Output Type: Up To 60 KW, 60–90 KW, Above 90 KW

4) By Vehicle Type: Passenger Cars, Commercial Vehicles

5) By Application: Auto Industry, Industrial Equipment, Other Applications

Global In Wheel Motor Market Size 2023 to 2028: Graph

In-Wheel Motor Market Size 2024 And Growth Rate

The in-wheel motor market size has grown strongly in recent years. It will grow from $0.95 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 32.1%. The growth in the historic period can be attributed to increased design flexibility, increasing efficiency supplements growth, increasing unsprang weight, increasing production of these vehicles drives demand, and increasing production of electric vehicles.

In-Wheel Motor Market Growth Forecast

The in-wheel motor market size is expected to see string growth in the next few years. It will grow to $3.85 billion in 2028 at a compound annual growth rate (CAGR) of 32.3%. The growth in the forecast period can be attributed to growing interest in autonomous vehicles, increasing demand from customers source, increasing emphasis on electric and hybrid vehicles, and increasing demand for electric vehicles (EVs). Major trends in the forecast period include Increasing adoption in passenger vehicles, technological advancements, advancements in technology, growing demand for axial motors, and advancements in in-wheel motors.

In-Wheel Motor Market Driver: Rising Demand For Electric Vehicles Fuels Growth Of In-Wheel Motor Market

The increasing demand for electric vehicles is expected to propel the growth of the in-wheel motor market going forward. An electric vehicle (EV) is a type of vehicle that operates primarily or exclusively using one or more electric motors for propulsion. The demand for electric vehicles is due to environmental concerns, cost savings, fuel independence, urbanization, and infrastructure development. The in-wheel motors represent a unique approach to electric vehicle propulsion, offering advantages in efficiency, performance, and design flexibility while presenting challenges related to weight distribution, heat management, and cost-effectiveness. For instance, in March 2023, according to the International Energy Agency, a France-based intergovernmental organization, the electric car market experienced exponential growth as sales surpassed 10 million in 2022. Further, around 14% of all new cars sold were electric in 2022, reflecting a substantial increase from approximately 9% in 2021. Therefore, the demand for electric vehicles is driving the growth of the in-wheel motor market.

Global In-Wheel Motor Market Major Players

Major companies operating in the in-wheel motor market are Tesla Inc., Daimler Truck AG, Magnetic Systems Technology Ltd., NTN Corporation, NSK Corporation, Schaeffler Group, Nissan Motor Corporation, e-Traction, Protean Electric Limited, BEDEO, Brusa Eleckronik AG, Elaphe Propulsion Technologies Ltd., Heinzmann GmbH & Co. KG, Ziehl-Abegg SE, Printed Motor Works, ECOmove GmbH, Lordstown Motors, MW Motors International Ltd., Nu Ride Inc., GEM Motors

Global In-Wheel Motor Market Trend: Innovations In In-Wheel Motors With Uni Wheel Redefining Electric Vehicle Propulsion

Major companies operating in the in-wheel motor market are focused on developing innovative products such as Uni Wheel to revolutionize electric vehicle propulsion systems with compact, efficient, and integrated motor technologies. Uni Wheel relocates the main drive system components to the space within the wheel hub, freeing up interior space and enhancing the overall efficiency of EVs. For instance, in March 2023, Dongfeng, a China-based automobile company, launched Uni Wheel for electric vehicles (EVs). The Uni Wheel integrates multiple drivetrain components within the wheel hub using a system of planetary gears, achieving a compact and efficient drive system. It features a central sun gear connected to an outer ring gear through two articulated sets of pinion gears. This design reduces gear ratios and separates the wheel's rotation axis from the motor's axis, allowing the motor to be securely mounted to the chassis. As a result, the wheel can operate at higher speeds with reduced torque.

In-Wheel Motor Market Merger And Acquisition: Strengthening Electrification Leadership With BEDEO Acquires Protean Electric's In-Wheel Motor Technology

In November 2021, BEDEO, a UK-based technology company, acquired Protean Electric for an undisclosed amount. This acquisition strengthens BEDEO's position in the electrification of transport by integrating Protean's innovative in-wheel motor technology and expertise. Protean Electric is a UK-based company that manufactures in-wheel motors.

Regional Insights For The Global In-Wheel Motor Market

Asia Pacific was the largest region in the In-wheel motor market in 2023. The regions covered in the in-wheel motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the in-wheel motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The in-wheel motor market consists of sales of direct-drive in-wheel motors, geared in-wheel motors, dual in-wheel motors, and axial flux in-wheel motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The in-wheel motor research report is one of a series of new reports from The Business Research Company that provides in-wheel motor market statistics, including in-wheel motor industry global market size, regional shares, competitors with an in-wheel motor market share, detailed in-wheel motor market segments, market trends, and opportunities, and any further data you may need to thrive in the in-wheel motor industry. This in-wheel motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

In-Wheel Motor Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $1.26 billion
Revenue Forecast In 2033 $3.85 billion
Growth Rate CAGR of 32.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Propulsion: Battery Electric Vehicle(BEV); Fuel Cell Electric Vehicle(FCEV); Hybrid Electric Vehicle(HEV); Plug-In Hybrid Electric Vehicle; Other Propulsions
2) By Cooling Type: Air Cooling; Liquid Cooling
3) By Power Output Type: Up To 60 KW; 60–90 KW; Above 90 KW
4) By Vehicle Type: Passenger Cars; Commercial Vehicles
5) By Application: Auto Industry; Industrial Equipment; Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Tesla Inc., Daimler Truck AG, Magnetic Systems Technology Ltd., NTN Corporation, NSK Corporation, Schaeffler Group, Nissan Motor Corporation, e-Traction, Protean Electric Limited, BEDEO, Brusa Eleckronik AG, Elaphe Propulsion Technologies Ltd., Heinzmann GmbH & Co. KG, Ziehl-Abegg SE, Printed Motor Works, ECOmove GmbH, Lordstown Motors, MW Motors International Ltd., Nu Ride Inc., GEM Motors
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. In-Wheel Motor Market Characteristics

    3. In-Wheel Motor Market Trends And Strategies

    4. In-Wheel Motor Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global In-Wheel Motor Market Size and Growth

    5.1. Global In-Wheel Motor Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global In-Wheel Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global In-Wheel Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. In-Wheel Motor Market Segmentation

    6.1. Global In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Battery Electric Vehicle(BEV)

    Fuel Cell Electric Vehicle(FCEV)

    Hybrid Electric Vehicle(HEV)

    Plug-In Hybrid Electric Vehicle

    Other Propulsions

    6.2. Global In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Air Cooling

    Liquid Cooling

    6.3. Global In-Wheel Motor Market, Segmentation By Power Output Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up To 60 KW

    60–90 KW

    Above 90 KW

    6.4. Global In-Wheel Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Passenger Cars

    Commercial Vehicles

    6.5. Global In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Auto Industry

    Industrial Equipment

    Other Applications

    7. In-Wheel Motor Market Regional And Country Analysis

    7.1. Global In-Wheel Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global In-Wheel Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific In-Wheel Motor Market

    8.1. Asia-Pacific In-Wheel Motor Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China In-Wheel Motor Market

    9.1. China In-Wheel Motor Market Overview

    9.2. China In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India In-Wheel Motor Market

    10.1. India In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan In-Wheel Motor Market

    11.1. Japan In-Wheel Motor Market Overview

    11.2. Japan In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia In-Wheel Motor Market

    12.1. Australia In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia In-Wheel Motor Market

    13.1. Indonesia In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea In-Wheel Motor Market

    14.1. South Korea In-Wheel Motor Market Overview

    14.2. South Korea In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe In-Wheel Motor Market

    15.1. Western Europe In-Wheel Motor Market Overview

    15.2. Western Europe In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK In-Wheel Motor Market

    16.1. UK In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany In-Wheel Motor Market

    17.1. Germany In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France In-Wheel Motor Market

    18.1. France In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy In-Wheel Motor Market

    19.1. Italy In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain In-Wheel Motor Market

    20.1. Spain In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe In-Wheel Motor Market

    21.1. Eastern Europe In-Wheel Motor Market Overview

    21.2. Eastern Europe In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia In-Wheel Motor Market

    22.1. Russia In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America In-Wheel Motor Market

    23.1. North America In-Wheel Motor Market Overview

    23.2. North America In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA In-Wheel Motor Market

    24.1. USA In-Wheel Motor Market Overview

    24.2. USA In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada In-Wheel Motor Market

    25.1. Canada In-Wheel Motor Market Overview

    25.2. Canada In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America In-Wheel Motor Market

    26.1. South America In-Wheel Motor Market Overview

    26.2. South America In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil In-Wheel Motor Market

    27.1. Brazil In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East In-Wheel Motor Market

    28.1. Middle East In-Wheel Motor Market Overview

    28.2. Middle East In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa In-Wheel Motor Market

    29.1. Africa In-Wheel Motor Market Overview

    29.2. Africa In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. In-Wheel Motor Market Competitive Landscape And Company Profiles

    30.1. In-Wheel Motor Market Competitive Landscape

    30.2. In-Wheel Motor Market Company Profiles

    30.2.1. Tesla Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Daimler Truck AG

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Magnetic Systems Technology Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. NTN Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. NSK Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. In-Wheel Motor Market Other Major And Innovative Companies

    31.1. Schaeffler Group

    31.2. Nissan Motor Corporation

    31.3. e-Traction

    31.4. Protean Electric Limited

    31.5. BEDEO

    31.6. Brusa Eleckronik AG

    31.7. Elaphe Propulsion Technologies Ltd.

    31.8. Heinzmann GmbH & Co. KG

    31.9. Ziehl-Abegg SE

    31.10. Printed Motor Works

    31.11. ECOmove GmbH

    31.12. Lordstown Motors

    31.13. MW Motors International Ltd.

    31.14. Nu Ride Inc.

    31.15. GEM Motors

    32. Global In-Wheel Motor Market Competitive Benchmarking

    33. Global In-Wheel Motor Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The In-Wheel Motor Market

    35. In-Wheel Motor Market Future Outlook and Potential Analysis

    35.1 In-Wheel Motor Market In 2028 - Countries Offering Most New Opportunities

    35.2 In-Wheel Motor Market In 2028 - Segments Offering Most New Opportunities

    35.3 In-Wheel Motor Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global In-Wheel Motor Market, Segmentation By Power Output Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global In-Wheel Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global In-Wheel Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global In-Wheel Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Tesla Inc. Financial Performance
  • Table 77: Daimler Truck AG Financial Performance
  • Table 78: Magnetic Systems Technology Ltd. Financial Performance
  • Table 79: NTN Corporation Financial Performance
  • Table 80: NSK Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global In-Wheel Motor Market, Segmentation By Power Output Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global In-Wheel Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global In-Wheel Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global In-Wheel Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, In-Wheel Motor Market, Segmentation By Propulsion, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, In-Wheel Motor Market, Segmentation By Cooling Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, In-Wheel Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Tesla Inc. Financial Performance
  • Figure 77: Daimler Truck AG Financial Performance
  • Figure 78: Magnetic Systems Technology Ltd. Financial Performance
  • Figure 79: NTN Corporation Financial Performance
  • Figure 80: NSK Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the In-Wheel Motor market?

An in-wheel motor, also known as a wheel hub motor, is an electric motor integrated directly into a vehicle's wheel hub. This motor eliminates the need for traditional transmission components such as drive shafts, axles, and differentials, leading to several potential benefits in vehicle design and performance. For further insights on the In-Wheel Motor market, request a sample here

How will the In-Wheel Motor market drivers and restraints affect the In-Wheel Motor market dynamics? What forces will shape the In-Wheel Motor industry going forward?

The In-Wheel Motor market major growth driver - Rising Demand For Electric Vehicles Fuels Growth Of In-Wheel Motor Market. For further insights on the In-Wheel Motor market, request a sample here

What is the forecast market size or the forecast market value of the In-Wheel Motor market?

The in-wheel motor market size has grown strongly in recent years. It will grow from $0.95 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 32.1%. The growth in the historic period can be attributed to increased design flexibility, increasing efficiency supplements growth, increasing unsprang weight, increasing production of these vehicles drives demand, and increasing production of electric vehicles. The in-wheel motor market size is expected to see string growth in the next few years. It will grow to $3.85 billion in 2028 at a compound annual growth rate (CAGR) of 32.3%. The growth in the forecast period can be attributed to growing interest in autonomous vehicles, increasing demand from customers source, increasing emphasis on electric and hybrid vehicles, and increasing demand for electric vehicles (EVs). Major trends in the forecast period include Increasing adoption in passenger vehicles, technological advancements, advancements in technology, growing demand for axial motors, and advancements in in-wheel motors. For further insights on the In-Wheel Motor market, request a sample here

How is the In-Wheel Motor market segmented?

The In-Wheel Motor market is segmented
1) By Propulsion: Battery Electric Vehicle(BEV), Fuel Cell Electric Vehicle(FCEV), Hybrid Electric Vehicle(HEV), Plug-In Hybrid Electric Vehicle, Other Propulsions
2) By Cooling Type: Air Cooling, Liquid Cooling
3) By Power Output Type: Up To 60 KW, 60–90 KW, Above 90 KW
4) By Vehicle Type: Passenger Cars, Commercial Vehicles
5) By Application: Auto Industry, Industrial Equipment, Other ApplicationsFor further insights on the In-Wheel Motor market,
request a sample here

Which region has the largest share of the In-Wheel Motor market? What are the other regions covered in the report?

Asia Pacific was the largest region in the In-wheel motor market in 2023. The regions covered in the in-wheel motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the In-Wheel Motor market, request a sample here.

Who are the major players in the In-Wheel Motor market?

Major companies operating in the in-wheel motor market are Tesla Inc., Daimler Truck AG, Magnetic Systems Technology Ltd., NTN Corporation, NSK Corporation, Schaeffler Group, Nissan Motor Corporation, e-Traction, Protean Electric Limited, BEDEO, Brusa Eleckronik AG, Elaphe Propulsion Technologies Ltd., Heinzmann GmbH & Co. KG, Ziehl-Abegg SE, Printed Motor Works, ECOmove GmbH, Lordstown Motors, MW Motors International Ltd., Nu Ride Inc., GEM Motors For further insights on the In-Wheel Motor market, request a sample here.

What are the key trends in the In-Wheel Motor market?

Major trend in the In-Wheel Motor market - Innovations In In-Wheel Motors With Uni Wheel Redefining Electric Vehicle Propulsion. For further insights on the In-Wheel Motor market, request a sample here.

What are the major opportunities in the In-Wheel Motor market? What are the strategies for the In-Wheel Motor market?

For detailed insights on the major opportunities and strategies in the In-Wheel Motor market, request a sample here.

How does the In-Wheel Motor market relate to the overall economy and other similar markets?

For detailed insights on In-Wheel Motor market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the In-Wheel Motor industry?

For detailed insights on the mergers and acquisitions in the In-Wheel Motor industry, request a sample here.

What are the key dynamics influencing the In-Wheel Motor market growth? SWOT analysis of the In-Wheel Motor market.

For detailed insights on the key dynamics influencing the In-Wheel Motor market growth and SWOT analysis of the In-Wheel Motor industry, request a sample here.